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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 22,116 $ 15,016
Accounts receivable, net 114,090 135,997
Inventories 14,902 13,413
Prepaid expenses and other current assets 16,699 14,729
Total current assets 167,807 179,155
Property, plant and equipment, net 91,771 98,607
Intangible assets, net 69,389 109,537
Goodwill 201,623 282,410
Deferred income taxes 1,811 1,786
Other assets 48,374 48,383
Total assets 580,775 719,878
Current Liabilities    
Accounts payable 12,588 15,033
Accrued expenses and other current liabilities 78,415 81,389
Current portion of long-term debt 9,889 6,593
Current portion of finance lease obligations 3,651 4,131
Income taxes payable 1,737 2,094
Total current liabilities 106,280 109,240
Long-term debt, net of current portion 226,617 248,120
Obligations under finance leases, net of current portion 11,291 13,043
Deferred income taxes 4,219 21,290
Other long-term liabilities 46,841 42,163
Total liabilities 395,248 433,856
Commitments and contingencies
Equity    
Preferred stock, 10,000,000 shares authorized 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 29,191,876 and 28,945,472 shares issued and outstanding 292 289
Additional paid-in capital 233,267 229,205
Retained earnings (deficit) (22,029) 77,613
Accumulated other comprehensive loss (26,209) (21,285)
Total Mistras Group, Inc. stockholders’ equity 185,321 285,822
Non-controlling interests 206 200
Total equity 185,527 286,022
Total liabilities and equity $ 580,775 $ 719,878